Earlier quoted context omitted.
I personally like that movies and videogames exist and can be made with large budgets because that generally makes them better. I don't see how that continues without IP.
It will continue without IP once people realize that the creative arts benefit from people doing it for the love of the art, as opposed to doing it out of a fear of starvation. People should get paid to create things, and get paid what the work is worth. Right now, people get paid a small fraction of what it's worth, while the bigger fraction goes to execs who have had no hand in creating anything of value. And those…
This is literally how it works today though. No one is intentionally paying employees more than they have to, and if they pay less than they have to, they lose employees.
Basically this is just an anticapitalist rant. Not useful even if one agrees with the premise.